Help… Should we sell, or stay???

[Homeschool2Boys]

Ha… I showed my wife the “get a job” comments and she replied that she would love to… but, she has a job, homeschooling our kids, so an outside job will have to wait a few more years. She earned six figures 10 years ago (during the IT boom) working as a management consultant, but decided to stay home because we have a special needs kid, actually two of them. One was born with a physical disability and has had multiple surgeries that make homeschooling the best option. The other is much smarter than both of us – taking algebra this year at the age of 9. He is also a musical prodigy. Homeschooling works well for him, too, at least at this point. Our marriage and our kids are happy, so I think all I need to change is MY situation, and somehow reduce our expenses, by either selling or refinancing.

I know what you are saying about pricing low and creating a “bidding war” – that does seem to be happening at the low end of the market, with distressed properties under $500K. But would you suggest that strategy in the million dollar range, with a custom home?

[Homeschool2Boys]

Thanks, temeculaguy, for your comments. I think you were typing as I was working on my prior post. Definite food for thought… What is HLS?

[Homeschool2Boys]

Thanks, temeculaguy, for your comments. I think you were typing as I was working on my prior post. Definite food for thought… What is HLS?

[Homeschool2Boys]

Thanks, temeculaguy, for your comments. I think you were typing as I was working on my prior post. Definite food for thought… What is HLS?

[Homeschool2Boys]

Thanks, temeculaguy, for your comments. I think you were typing as I was working on my prior post. Definite food for thought… What is HLS?

[Homeschool2Boys]

Thanks, temeculaguy, for your comments. I think you were typing as I was working on my prior post. Definite food for thought… What is HLS?

[Navydoc]

HLS is a regular poster here. I think it stands for Home Loan Sheldon, and he is in the finance industry. He should be able to hook you up nicely, and he has posted his email many times. I’m sure he’ll do it again when he reads this commnet.

Good god, why are you still working Resident’s hours? I’m a physician myself, an OB actually, and life got a whole lot better after residency ended in 2003. I disagree with other’s comments about your wife getting a job. Raising your children right is certainly a full-time job, and probably much more important than any additional income she could bring. I’m with TG (temeculaguy), try to lighten up. You make enough to live well, even in San Diego. I love the cigars, wine, and internet porn comments, but my wife would kill me if I was looking at internet porn, so I vent with videogames instead. I wish you luck with whatever you decide to do.

By the way, some folks may have noticed I havn’t been posting as often as I used to here. The reason is the San Diego real estate market is no longer relevant to me. Looks like I’m being sent to Bethesda MD in July. It’s not so bad though, $600k buys about 4000 sf on 2-3 acres. Have to buy a snow shovel again…..

[Navydoc]

HLS is a regular poster here. I think it stands for Home Loan Sheldon, and he is in the finance industry. He should be able to hook you up nicely, and he has posted his email many times. I’m sure he’ll do it again when he reads this commnet.

Good god, why are you still working Resident’s hours? I’m a physician myself, an OB actually, and life got a whole lot better after residency ended in 2003. I disagree with other’s comments about your wife getting a job. Raising your children right is certainly a full-time job, and probably much more important than any additional income she could bring. I’m with TG (temeculaguy), try to lighten up. You make enough to live well, even in San Diego. I love the cigars, wine, and internet porn comments, but my wife would kill me if I was looking at internet porn, so I vent with videogames instead. I wish you luck with whatever you decide to do.

By the way, some folks may have noticed I havn’t been posting as often as I used to here. The reason is the San Diego real estate market is no longer relevant to me. Looks like I’m being sent to Bethesda MD in July. It’s not so bad though, $600k buys about 4000 sf on 2-3 acres. Have to buy a snow shovel again…..

[Navydoc]

HLS is a regular poster here. I think it stands for Home Loan Sheldon, and he is in the finance industry. He should be able to hook you up nicely, and he has posted his email many times. I’m sure he’ll do it again when he reads this commnet.

Good god, why are you still working Resident’s hours? I’m a physician myself, an OB actually, and life got a whole lot better after residency ended in 2003. I disagree with other’s comments about your wife getting a job. Raising your children right is certainly a full-time job, and probably much more important than any additional income she could bring. I’m with TG (temeculaguy), try to lighten up. You make enough to live well, even in San Diego. I love the cigars, wine, and internet porn comments, but my wife would kill me if I was looking at internet porn, so I vent with videogames instead. I wish you luck with whatever you decide to do.

By the way, some folks may have noticed I havn’t been posting as often as I used to here. The reason is the San Diego real estate market is no longer relevant to me. Looks like I’m being sent to Bethesda MD in July. It’s not so bad though, $600k buys about 4000 sf on 2-3 acres. Have to buy a snow shovel again…..

[Navydoc]

HLS is a regular poster here. I think it stands for Home Loan Sheldon, and he is in the finance industry. He should be able to hook you up nicely, and he has posted his email many times. I’m sure he’ll do it again when he reads this commnet.

Good god, why are you still working Resident’s hours? I’m a physician myself, an OB actually, and life got a whole lot better after residency ended in 2003. I disagree with other’s comments about your wife getting a job. Raising your children right is certainly a full-time job, and probably much more important than any additional income she could bring. I’m with TG (temeculaguy), try to lighten up. You make enough to live well, even in San Diego. I love the cigars, wine, and internet porn comments, but my wife would kill me if I was looking at internet porn, so I vent with videogames instead. I wish you luck with whatever you decide to do.

By the way, some folks may have noticed I havn’t been posting as often as I used to here. The reason is the San Diego real estate market is no longer relevant to me. Looks like I’m being sent to Bethesda MD in July. It’s not so bad though, $600k buys about 4000 sf on 2-3 acres. Have to buy a snow shovel again…..

[Navydoc]

HLS is a regular poster here. I think it stands for Home Loan Sheldon, and he is in the finance industry. He should be able to hook you up nicely, and he has posted his email many times. I’m sure he’ll do it again when he reads this commnet.

Good god, why are you still working Resident’s hours? I’m a physician myself, an OB actually, and life got a whole lot better after residency ended in 2003. I disagree with other’s comments about your wife getting a job. Raising your children right is certainly a full-time job, and probably much more important than any additional income she could bring. I’m with TG (temeculaguy), try to lighten up. You make enough to live well, even in San Diego. I love the cigars, wine, and internet porn comments, but my wife would kill me if I was looking at internet porn, so I vent with videogames instead. I wish you luck with whatever you decide to do.

By the way, some folks may have noticed I havn’t been posting as often as I used to here. The reason is the San Diego real estate market is no longer relevant to me. Looks like I’m being sent to Bethesda MD in July. It’s not so bad though, $600k buys about 4000 sf on 2-3 acres. Have to buy a snow shovel again…..

[Raybyrnes]

Colleges are going to look at both asset and savings. The nice thing about a home is that it is not factored into the equasion. Therefore if you are looking to get financial assistance it is good to be house rich and savings poor.

If I had children getting ready for college my strategy would be to pay down as much of my home as I could minimizing my savings that I am suppose to report and simultaneously opening up a line of credit on the home so I still have access to the money.

Additionally your kids regarless of income will qualify for federal stafford loans which helps them build credit, take ownership in their education, and you can always help them pay off as a reward for doing well in school.

You will also have a federal Parent Plus loans available once again regarqdless of how much you make. Not a good deal at the moment but I would suspect it will be changing to a more favorable program in the not to distant future.

Bottom line is that you have options.

[Raybyrnes]

Colleges are going to look at both asset and savings. The nice thing about a home is that it is not factored into the equasion. Therefore if you are looking to get financial assistance it is good to be house rich and savings poor.

If I had children getting ready for college my strategy would be to pay down as much of my home as I could minimizing my savings that I am suppose to report and simultaneously opening up a line of credit on the home so I still have access to the money.

Additionally your kids regarless of income will qualify for federal stafford loans which helps them build credit, take ownership in their education, and you can always help them pay off as a reward for doing well in school.

You will also have a federal Parent Plus loans available once again regarqdless of how much you make. Not a good deal at the moment but I would suspect it will be changing to a more favorable program in the not to distant future.

Bottom line is that you have options.

[Raybyrnes]

Colleges are going to look at both asset and savings. The nice thing about a home is that it is not factored into the equasion. Therefore if you are looking to get financial assistance it is good to be house rich and savings poor.

If I had children getting ready for college my strategy would be to pay down as much of my home as I could minimizing my savings that I am suppose to report and simultaneously opening up a line of credit on the home so I still have access to the money.

Additionally your kids regarless of income will qualify for federal stafford loans which helps them build credit, take ownership in their education, and you can always help them pay off as a reward for doing well in school.

You will also have a federal Parent Plus loans available once again regarqdless of how much you make. Not a good deal at the moment but I would suspect it will be changing to a more favorable program in the not to distant future.

Bottom line is that you have options.

[Raybyrnes]

Colleges are going to look at both asset and savings. The nice thing about a home is that it is not factored into the equasion. Therefore if you are looking to get financial assistance it is good to be house rich and savings poor.

If I had children getting ready for college my strategy would be to pay down as much of my home as I could minimizing my savings that I am suppose to report and simultaneously opening up a line of credit on the home so I still have access to the money.

Additionally your kids regarless of income will qualify for federal stafford loans which helps them build credit, take ownership in their education, and you can always help them pay off as a reward for doing well in school.

You will also have a federal Parent Plus loans available once again regarqdless of how much you make. Not a good deal at the moment but I would suspect it will be changing to a more favorable program in the not to distant future.

Bottom line is that you have options.

[Author]

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